Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36% ended more than 6% lower to a new 13-year low, with tech giants including JD.com 9618, -13.17% JD, -0.02%, Baidu 9888, -12.20% BIDU, -2.29%, Tencent 700, -11.43%…
